Sold for $730,000

$730,000

480 Hibiscus Street #1042, West Palm Beach, FL 33401

2beds

1,288sqft

Condominium

Built in 2008

-- sqft lot

$799,100 Zestimate^®

$567/sqft

$6,768 Estimated rent

Home value

$799,100

$735,000 - $879,000

$6,768/mo

Zestimate^® history

Owner options

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$6,768/mo

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$6,768/mo

Rent Zestimate^®

Refinance and save

$5,874/mo

Est. payment

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$5,874/mo

Est. payment

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What's special

Enjoy stunning views of the waterfront right from your wrap around balcony, while being just a short stroll away from all the vibrant attractions, dining, and entertainment that Downtown West Palm Beach has to offer! This 2/2.1 sits on the penthouse level in the Northeast corner of the building at 1288sqft with 10ft ceilings. Unit has new water heater, newer ac, and washer and dryer! City Palms is a full service building featuring a resort style pool, fitness center, community room and more!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 180
Dimensions: 15 X 12

Kitchen

Level: Main
Area: 72
Dimensions: 12 X 6

Living room

Level: Main
Area: 180
Dimensions: 15 X 12

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Laundry: Inside, Laundry Closet

Features

Breakfast Area, Bathtub, Dual Sinks, Entrance Foyer, Kitchen Island, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
Flooring: Carpet

Interior area

Total structure area: 1,288
Total interior livable area: 1,288 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Garage
Garage spaces: 1

Features

Patio & porch: Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: City, Intercoastal, Ocean
Has water view: Yes
Water view: Intercoastal,Ocean
Waterfront features: None

Details

Parcel number: 74434321290001042
Zoning: QGD-10—QUADRILL
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 2008

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Sewer Available, Water Available

Community & HOA

Community

Features: Home Owners Association, Gated, Property Manager On-Site
Security: Security System, Gated Community, Key Card Entry
Subdivision: CITY PALMS CONDO

HOA

Has HOA: Yes
Amenities included: Bike Storage, Clubhouse, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
Services included: Cable TV, Sewer, Water
HOA fee: $860 monthly

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $567/sqft
Tax assessed value: $570,000
Annual tax amount: $11,252
Date on market: 8/28/2024
Cumulative days on market: 9 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
10/2/2024	Sold	$730,000-1.4%$567/sqft
Source: BeachesMLS #R11016313 Report a problem
8/28/2024	Listed for sale	$740,000-1.2%$575/sqft
Source: BeachesMLS #RX-11016313 Report a problem
9/22/2023	Sold	$749,000$582/sqft
Source: BeachesMLS #R10909333 Report a problem
8/19/2023	Pending sale	$749,000$582/sqft
Source: BeachesMLS #RX-10909333 Report a problem
8/11/2023	Listed for sale	$749,000+27.4%$582/sqft
Source: BeachesMLS #RX-10909333 Report a problem
12/4/2008	Sold	$588,000$457/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,868 +5.5%	$570,000 +5.6%
2024	$11,251 +76.6%	$540,000 +58.1%
2023	$6,372 +1.1%	$341,610 +3%
2022	$6,300 +0.3%	$331,660 +3%
2021	$6,283 -3.7%	$322,000 -2.4%
2020	$6,522 +0.4%	$330,000 +1.2%
2019	$6,498	$326,080 +1.9%
2018	$6,498 +5.6%	$320,000 -3%
2017	$6,154 -4.4%	$330,000 -1.5%
2016	$6,438 -15.7%	$335,000 +6.3%
2015	$7,634 +3.4%	$315,000 +8.6%
2014	$7,382 +8.9%	$290,000 +2.6%
2013	$6,779 +9.4%	$282,700 +10%
2012	$6,197 +1.3%	$257,000 +2%
2011	$6,117 +6.6%	$252,000 +8.6%
2010	$5,738 +3.4%	$232,000 -0.2%
2009	$5,550	$232,500